The ability to gain insights from your data is critical - it lets you make faster and smarter decisions as you tackle your most complex business issues. With experience across every industry, we can help you turn insights into action, and action into tangible results. That's high performance, delivered.
Big Data & Technology
Big data-massive amounts of unstructured data-has remarkable value in it. But you need to find it first. Through data management and other technology and analytics tools, companies can not only find, but move the needle in the big data haystack.
A survey of Big Sucess Big Data unearths several key insights inclding:
There is much to learn when embarking on big data initiatives. Users imagine their project will be fairly easy, only to discover that there is a lot to learn about data frameworks and analytic techniques. Challenging-yet not impossible-big data implementations force users to stay flexible, adapting and learning as they grow.
Bigger companies are getting more from big data. The bigger the organization, the better the results. Larger companies have a broader conception of what big data includes, and use more types and sources of data for a wider variety of purposes across more functions. Larger organizations start with focused initiatives in practical areas, such as customer relations, product development and operations, rather than trying to do everything at once.
Analytics talent is hard to come by. Talent is an issue for many and remains in short supply. The successful users source talent wherever they can find it, leaning heavily on external, experienced resources including consultants, contractors and technology vendor resources. Organizations are looking at ways to hire and develop internal talent as well.
Big data has the potential for transformation Big data users believe big data will revolutionize business operations in the same way the Internet did (89 percent) and report big data as very or extremely important to their businesses' digital transformation (89 percent). Asked where they expect big data to have the biggest impact on their organization in the next five years, executives said customer relationships (63 percent), product development (58 percent), and operations (56 percent). The consensus is clear: big data brings disruptive transformation, even if users do not always agree on precisely what "big data" includes.